Last Sold Price
5 beds3,866 sqft$983/sqft
128 Red Cedar Way, Santa Rosa Beach, FL 32459

Description

A spacious property, located on an oversized lot that backs up to preserve, featuring a one-of-a-kind pool and outdoor kitchen, 128 Red Cedar Way is a unique opportunity to own a home that is as practical for hosting large families as it is for entertaining. Unrivaled in value at its price point, this Camp District darling is perfect for making memories. Comprising 3,866 square feet across two full levels in the main house, with an additional carriage house, the home was thoughtfully conceived and...A spacious property, located on an oversized lot that backs up to preserve, featuring a one-of-a-kind pool and outdoor kitchen, 128 Red Cedar Way is a unique opportunity to own a home that is as practical for hosting large families as it is for entertaining. Unrivaled in value at its price point, this Camp District darling is perfect for making memories. Comprising 3,866 square feet across two full levels in the main house, with an additional carriage house, the home was thoughtfully conceived and skillfully built in an era of timeless architecture and legacy investment. With the recent addition of an enhanced outdoor space and pool complex, this is a house that wants for nothing. A first floor open concept plan allows for versatile seating options and quick access to the back yard. Wolf and SubZero appliances punctuate a chef's kitchen and oversized breakfast bar. The additional bedroom on the main level, with an en suite bathroom, is helpful in accommodating multigenerational families. Upstairs, guests enjoy a junior suite and a bunk-style bedroom, both with private bathrooms. An expansive master wing offers additional privacy and amenity. The garage to this home is attached -something uncommon in the community- allowing for comfortable unloading in all weather. Its separate carriage house is a retreat unto itself. Boasting its own kitchen and washer/dryer, the apartment is self sufficient. The home's six porches and balconies expand its living space and give guests a number of options to enjoy the cool afternoon breeze. Proximity to Camp WaterColor, while easily accessing the neighborhood trails, means the home is convenient to all that WaterColor has to offer.
LISTING CLOSED: 10/01/2024 12:00 AM

  1. Listed by Robert Weil • Compass
    P: (850) 714-1935 C: (850) 714-1935 rob@robweil.com

Property Details for 128 Red Cedar Way

Status
MLS #
955365
Days on Market
24
Taxes
$22,371 / year
HOA Fees
$1,790 / quarter
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family
Year Built
2007
Lot Size
-
Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
WATERCOLOR

Recent comparable sales

Median sold price

$3,760,000

Avg days on market

181

Sale-to-list ratio

92.3%

[Santa Rosa Beach, FL]

9 comparable properties found

$3,562,500 | 82 Red Cedar Way, Santa Rosa Beach, FL 32459
1/99
1

$3,562,500

Sold 08/28/24

5
Bedrooms
3,540
Square Feet
0.15
Acres
$3,875,000 | 432 Pine Needle Way, Santa Rosa Beach, FL 32459
1/102
2

$3,875,000

Sold 07/31/26

5
Bedrooms
4,256
Square Feet
0.17
Acres
a front view of a house with garden
1/52
3

$4,100,000

Sold 10/24/25

5
Bedrooms
4,029
Square Feet
0.14
Acres
a house that has a tree in front of it
1/49
4

$3,825,000

Sold 12/22/25

5
Bedrooms
3,459
Square Feet
0.12
Acres
a front view of a house with a yard
1/15
5

$3,540,000

Sold 04/30/25

5
Bedrooms
4,208
Square Feet
0.15
Acres
a view of a house with a yard and sitting area
1/41
6

$3,645,000

Sold 10/07/25

5
Bedrooms
3,833
Square Feet
Unavailable
Acres
front view of a house with a yard
1/51
7

$4,400,000

Sold 02/28/25

5
Bedrooms
3,845
Square Feet
Unavailable
Acres
a front view of a house with garden and patio
1/76
8

$3,400,000

Sold 02/27/26

5
Bedrooms
3,663
Square Feet
Unavailable
Acres
$4,337,500 | 11 Acorn Way, Santa Rosa Beach, FL 32459
1/74
9

$4,337,500

Sold 04/13/26

5
Bedrooms
4,384
Square Feet
0.19
Acres

Location

Listing Courtesy of Compass

Sold By Compass

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Building Information for 128 Red Cedar Way

Stories2Year Built2007Building Size-Lot Size-

Payment Calculator

$21,776 per month

30 year fixed, 6.55% Interest

Principal and Interest

$19,315

Property Taxes

$1,864

HOA Dues

$597

The Payment Calculator is for illustrative purposes only.

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Property Information for 128 Red Cedar Way

Summary
Location and General Information
  • Community Features: Beach, Playground, Pool, Tennis
  • Directions: Entering WaterColor via Western Lake Drive, head west on Red Cedar. Home is on the left.
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.326284
  • Longitude: -86.13408
  • Location Tax and Legal:Sub Area: 1802 - S. of 98 W of Camp Creek
  • Location Tax and Legal:Elementary School: Dune Lakes
  • Location Tax and Legal:Middle School: Seaside
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: LOT 14 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2482-1787 OR 2629-3336 OR 2764-2756 OR 3071-3672
  • Project Facilities: Beach, Playground, Pool2, Tennis
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Land Recreation, Master Association, Recreational Faclty, Cable TV, Trash
  • Association Fee2: $1,790
  • Tax Legal Description: LOT 14 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2482-1787 OR 2629-3336 OR 2764-2756 OR 3071-3672
  • Parcel Number: 15-3S-19-25415-000-0140
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $22,371
  • Listing Info Tax Legal:Last Taxes: $22,371
  • Listing Info Tax Legal:Last Tax Year: 2023.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Seaside
  • High School: South Walton
Parking
  • Carport YN: No
  • Attached Garage YN: No
  • Parking Features: Garage
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 4.0
  • Parking Features: Garage3
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 112x100x109x65
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 3866.0
  • Lot Size Square Feet: 0.0
  • General Property Info:SqFt Source: County PA Records
Property and Assessments
  • Tax Year: 2023.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2007.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Occupancy Status: Occupied
Utilities
  • Utilities: Electric, Gas - Natural, TV Cable
  • Electric: True
  • Utilities: Electric, Gas - Natural, TV Cable
  • Energy: AC - 2 or More, AC - Central Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Pool - Gunite Concrt, Pool - Heated, Porch Open, Porch Screened, Shower
  • Stories: 2.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Balcony, BBQ PitGrill, Fenced Back Yard, Pool - Gunite Concrt, Pool - Heated, Porch Open, Porch Screened, Shower
Interior Features
  • Cooling: Central Air
  • Interior Features: Built-In Bookcases, Ceiling Tray/Cofferd, Fireplace Gas, Floor Hardwood, Kitchen Island, Lighting Recessed, Owner's Closet
  • Room Type: Kitchen, Master Bedroom, Great Room, Bedroom, Bunk Room, Garage, Dining Area
  • Rooms Total: 8.0
  • Bathrooms Total Integer: 6.0
  • Bathrooms Total Decimal: 5.5
  • Bathrooms Total Notational: 5.1
  • Cooling YN: Yes
  • Bedrooms Total: 5.0
  • Bathrooms Full: 5.0
  • Bathrooms Half: 1.0
  • Interior: Built-In Bookcases, Ceiling TrayCofferd, Fireplace Gas, Floor Hardwood, Kitchen Island, Lighting Recessed, Owner's Closet
  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, StoveOven Gas, Washer
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 20.0
  • Room Width: 12.0
  • Room Dimensions: 20 x 12
Room 2
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 18.0
  • Room Width: 12.0
  • Room Dimensions: 18 x 12
Room 3
  • Room Type: Great Room
  • Room Level: First
  • Room Length: 19.0
  • Room Width: 17.0
  • Room Dimensions: 19 x 17
Room 4
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 18.0
  • Room Width: 16.5
  • Room Dimensions: 18 x 16.5
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 15.0
  • Room Width: 14.0
  • Room Dimensions: 15 x 14
Room 6
  • Room Type: Bunk Room
  • Room Level: Second
  • Room Length: 14.0
  • Room Width: 13.0
  • Room Dimensions: 14 x 13
Room 7
  • Room Type: Garage
  • Room Level: First
  • Room Length: 23.0
  • Room Dimensions: 23 x 21
Room 8
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 18.0
  • Room Width: 12.0
  • Room Dimensions: 18 x 12
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 128 Red Cedar Way

DateEvent & SourcePriceAppreciation
Oct 1, 2024

Sold (Public Record)

Public Record #1542477915

$3,800,000

+10.1% / yr

Oct 1, 2024

Sold

ECAR #955365

$3,800,000
Aug 16, 2024

Pending

ECAR #955365

DateEvent & SourcePrice
10/01/2024

Sold (Public Record)

Public Record #1542477915

$3,800,000

+10.1% / yr

10/01/2024

Sold

ECAR #955365

$3,800,000
08/16/2024

Pending

ECAR #955365

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 128 Red Cedar Way

Taxable ValueLand$640,762Additions$2,395,986Total$3,036,748
Tax Record2024$24,688 ($2,057 / month)
Home Facts
Beds4Total Finished SqFt3,866 SqFtAbove Grade Finished SqFt3,866 SqFtStories2Lot Size9,148 SqFtStyleSingle Family ResidenceYear Built2007CountyWALTONAPN15-3S-19-25415-000-0140

Schools near 128 Red Cedar Way

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.